June 3, 2024 1:19 pm
Donaldson Company Inc (NYSE: DCI) said on Friday that its Board of Directors had authorized a quarterly cash dividend of $0.27 per share of common stock. The latter represents an increase of 8% compared to the previous quarterly dividend of $0.25 per share. The dividend will be paid on June 28th to shareholders of record […]
Read moreJune 3, 2024 8:57 am
Hamilton Insurance Group Ltd (NYSE: HG) said that it had appointed Bradley E. Cooper to its Board of Directors as a shareholder director, replacing Antonio Ursano, effective June 1st. Cooper is a Managing Partner of Capital Z Partners, a private equity fund that invests primarily in the financial services sector. “I am pleased to welcome […]
Read moreMay 31, 2024 11:28 am
TowneBank (NASDAQ: TOWN) said this week its Board of Directors had authorized a quarterly cash dividend of $0.25 per share of common stock. The dividend will be paid on July 12th to shareholders of record as of the close of business on June 28th 2024, the company said. The dividend was kept unchanged from the […]
Read moreMay 31, 2024 7:43 am
Guggenheim Securities has downgraded Generac Holdings Inc (NYSE: GNRC) to “Sell” from a prior investment rating of “Neutral”, as the financial services firm cited overvaluation. Generac Holdings’ stock has risen over 31% since the beginning of March. “The market is reacting to reports that 2024 is likely to see an active hurricane season,” Guggenheim Securities […]
Read moreMay 30, 2024 10:10 am
Photronics Inc (NASDAQ: PLAB), a leading provider of photomask technologies and solutions, said this week it had promoted Eric Rivera to Chief Financial Officer with immediate effect. Rivera has been appointed as interim CFO since February 2024 and has also served as Chief Accounting Officer since 2020. “I am pleased to have Eric join our […]
Read moreMay 30, 2024 8:07 am
Elbit Systems Ltd (NASDAQ: ESLT) said this week its Board of Directors had authorized a quarterly cash dividend of $0.50 per share of common stock. The dividend will be paid on July 1st to shareholders of record as of the close of business on June 18th 2024, the company said. The dividend was kept unchanged […]
Read moreMay 30, 2024 7:06 am
The Deere & Company (NYSE: DE) said on Wednesday that its Board of Directors had authorized a quarterly cash dividend of $1.47 per share of common stock. The dividend will be paid on August 8th to shareholders of record as of the close of business on June 28th 2024, the company said. The dividend was […]
Read moreMay 29, 2024 12:26 pm
Mizuho initiated coverage of Fortrea Holdings Inc (NASDAQ: FTRE), while assigning a “Neutral” investment rating and a price target of $27 on the stock. Mizuho cited low near-term earnings visibility resulting from market share losses associated with its spin-out from Labcorp last year. Mizuho said it saw the likely path to Fortrea Holdings’ recovery in […]
Read moreMay 29, 2024 7:49 am
JMP Securities has assigned a “Market Outperform” rating on the shares of Kratos Defense & Security Solutions Inc (NASDAQ: KTOS), as the firm cited growth potential amid increasing defense spending on unmanned systems. JMP Securities has also assigned a price target of $27 per share on Kratos’ stock, based on an estimated enterprise value that […]
Read moreMay 28, 2024 12:45 pm
Nordson Corporation (NASDAQ: NDSN) said on Tuesday that it had entered into a definitive agreement to acquire Atrion Corporation, a provider of proprietary medical infusion fluid delivery and niche cardiovascular solutions. The all-cash deal is valued at nearly $800 million, or $460.00 per share. The transaction is to be funded via a combination of cash […]
Read more